ride-hailing platform Archives

Didi App Sparks 57% Q2 Revenue Surge, 30M+ Daily Orders in June

After the launch of the Didi App, China's second-quarter revenue from transportation increased by 57% year-on-year. The average daily order volume in June exceeded 30 million orders.

T3 Go to Launch Online Ride-hailing App for Young People

During a media communication meeting on April 21st, Cui Dayong, the CEO of T3 Go, a Chinese ride-hailing platform, said that the company is set to launch a separate app for young people due to the unfulfilled personalized and diverse needs of this user group.

Secretary-General of CPCA Suggests Increasing Online Ride-hailing Fees to Reduce Traffic Congestion in Beijing

Cui Dongshu, the Secretary-General of the China Passenger Car Association (CPCA), claimed on April 12 that online ride-hailing services are primarily responsible for traffic congestion in Beijing.

Meituan to Reduce Investment in Ride-Hailing Sector

According to an internal notice circulated by Chinese food delivery giant Meituan on March 6, the company will reduce resources and manpower investment in its online ride-hailing sector.

Didi Senior Vice President Fu Qiang to Leave Company

Fu Qiang, senior vice president of Didi and CEO of the Urban Transportation and Service Department within the ride-hailing giant, will leave his post in the near future, and his next job is unknown.

Didi Issues Incentives for Drivers after Resuming New User Registration

Didi, a Chinese ride-hailing giant which recently resumed the registration of new users, launched an incentive program for drivers operating within Beijing's Fifth Ring Road.

Didi Resumes New User Registration After Lengthy Review by Chinese Authorities

After over a year of being reviewed by Chinese regulators, online ride-hailing platform Didi officially announced on January 16 that it has resumed new user registration.

December Orders on China’s Top Ride-Hailing Platforms Down 30% From August

In the two weeks since Chinese authorities announced a major easing of COVID-19 control measures, a decrease in both supply and demand for urban vehicular transportation has caused order volumes on several leading domestic ride-hailing platforms to fall sharply.

Meituan CEO No Longer Directly Hold Shares in Company’s Ride-Hailing Business Operator

Wang Xing, chairman and CEO of Meituan, and Mu Rongjun, executive director, both no longer shareholders of Shanghai Tutuan Technology Co., Ltd., the main operator of Meituan's online ride-hailing business.

Geely Releases New Ride-Hailing Brand With Customized Services

LEVC, a high-end commercial car brand owned by Geely, released a new online ride-hailing platform on October 31 called "Top Hat Travel," or "Limao Chuxing" in Chinese. Top Hat Travel focuses on high-quality and customized travel services.

Shanghai’s First Batch of Ride-Hailing Fuel Cell Cars to Enter Operation

The Shanghai municipal government announced on September 21 that the city's first batch of fuel cell vehicles for ride-hailing will be put into operation by the end of this month.

Geely-Backed Caocao Mobility and Smart Driving Center Ink Cooperation With Pony.ai

On September 21, Caocao Mobility, a Geely-backed online ride-hailing platform, announced a new strategic cooperation involving Geely's Smart Driving Center and autonomous driving startup Pony.ai.

Meituan Taxi Joins Tencent’s Ride-Hailing Services Platform

Meituan Taxi, the ride-hailing unit of Chinese local life services giant Meituan, on September 15 joined Tencent's travel service platform on WeChat for operations in Shanghai.

Ride-Hailing Firm T3 Mobility Joins Huawei’s Petal Travel

T3 Mobility, a Chinese online ride-hailing services provider, has joined Huawei's aggregated service platform for the industry, Petal Travel.

Caocao Mobility and Geely Cooperate to Create Commercial Automated Driving Platform

Caocao Mobility, a Geely-backed online ride-hailing platform, started cooperation related to robotaxis on September 5 with the Smart Driving Center of the Zhejiang Geely Automobile Research Institute.

Ride-Hailing Firm Wanshun to Go Public in US Via SPAC

Wanshun Car-Hailing, a Shenzhen-based ride-hailing service platform, has recently reached a cooperation agreement with an overseas special-purpose acquisition company (SPAC), planning to be listed in the US this year.

Huawei’s Car-Hailing Platform to Expand Nationwide

Petal Travel, a car-hailing platform launched by Huawei in July this year, is planning a new expansion. It is also negotiating full access with another ride-hailing platform, T3 Go.

Chinese Regulators Hold Talks With 11 Ride-Hailing Firms Including Didi and AutoNavi

On August 22, China's Ministry of Transport conducted interviews with 11 ride-hailing service platforms including Didi, T3 Travel, AutoNavi, Caocao Mobility, and Meituan Taxi.

Rumors Say Didi Confirms Foundry to Be Responsible for Automotive Business

Chinese ride-hailing giant Didi's new energy vehicle will be manufactured by automaker Zedriv with the company's factory in Ganzhou, Jiangxi Province about to be renovated for the new contract with Didi.

Chinese Regulators Respond to Didi Review Questions

During a press conference held on the morning of August 19, officials of the Cyberspace Administration of China (CAC) answered questions from reporters. One response pertained to a high profile investigation by authorities into Chinese ride-hailing giant Didi.

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